Cheap Apartments for Rent in the Downtown Morristown Neighborhood of Morristown, NJ from $1,100 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Morristown area of Morristown.

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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The Monroe
$2,234 - $3,914
Total Monthly Price

Total Monthly Price

Base Rent
$2,224 - $3,904
Required Monthly Fees
$10

Total Monthly Price
$2,234 - $3,914
Studio to 2 Bedroom Apartments Available Now

The Monroe

30 Cattano AveMorristown, NJ 07960
Affordability
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  • Customer Reviewed
  • 3D Tour
property at 10 Ford Ave

$2,250 - $3,150

1 To 2 Bedroom Rentals

Available Now

10 Ford Ave

MorristownNJ07960

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Modera 55
$2,479 - $5,554
Total Monthly Price

Total Monthly Price

Base Rent
$2,391 - $5,466
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Apr 8

Modera 55

55 Prospect StMorristown, NJ 07960
Eco-Friendly
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  • 3D Tour

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property at 173 Morris St

$2,600 - $3,800

1 To 2 Bedroom Rentals

Available Now

173 Morris St

MorristownNJ07960
property at 91 Chestnut St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

1 Bedroom, 1 Bath Condo for Rent

Available Now

91 Chestnut St, Unit A

91 Chestnut St
MorristownNJ07960
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16 Washington St
2 Bedroom Apartments

16 Washington St

16 Washington StMorristown, NJ 07960
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Alister Morristown
1 to 2 Bedroom Apartments

Alister Morristown

1 Washington AveMorristown, NJ 07960
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Modera 44
Studio to 2 Bedroom Apartments

Modera 44

44 Prospect StMorristown, NJ 07960

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Max on Morris
Studio to 2 Bedroom Apartments

Max on Morris

175 Morris StMorristown, NJ 07960

Downtown Morristown, Morristown, NJ Local Guide

Cheapest Available Downtown Morristown Apartments for Rent

 

The cheapest available apartment rental in the Downtown Morristown area of Morristown, NJ is a 1 Bed unit found at Olde Forge East Townhouses priced from $2,275. Washington Park Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,275. Here are the most affordable Downtown Morristown apartments for rent in Morristown, NJ:

Apartment ListingModel NameBed/BathPriced From
Olde Forge East TownhousesOne Bedroom1BR,1BA$2,275
Washington Park Terrace1 Bedroom1BR,1BA$2,275
Franklin Manor Apartments1BR/1BA1BR,1BA$2,350
Modera 44A10 One Bedroom1BR,1BA$2,410
Hamilton Court ApartmentsONE BEDROOM1BR,1BA$2,435
The MonroeMadison1BR,1BA$2,449
Morris Crossing Townhouses1 Bedroom Deluxe LG1BR,1BA$2,469
The Carlton1 bedroom 1 bathroom1BR,1BA$2,595
Blair HouseONE BEDROOM. 1.5 BATH1BR,1BA$2,700
Eleven Dehartml-a021BR,1BA$2,825

Best Value Apartments for Rent in Downtown Morristown, NJ

As of April 01, 2026 the best value apartment in the Downtown Morristown area is the $2.21 price per square foot Three Bed Model at Carriage House Townhomes in the in the Downtown Morristown neighborhood starting from $3,885. The second greatest value Downtown Morristown apartment is the 134 Washington St Model at 134 Washington St, Unit 1 starting at $3,000 with a $2.50 price per square foot in the Downtown Morristown neighborhood. Here is today’s list of the best values for Downtown Morristown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carriage House TownhomesThree Bed3BR,2.5BA$2.21
134 Washington St, Unit 1134 Washington St2BR,2BA$2.50
Morristown Gateway ApartmentsTwo Bedroom Standard2BR,2BA$2.58
The Carlton1 bedroom 1 bathroom1BR,1BA$2.36
Blair HouseONE BEDROOM. 1.5 BATH1BR,1.5BA$2.54
The Regency on Elm2 Bedroom2BR,2BA$3.01
Olde Forge East TownhousesOne Bedroom1BR,1BA$2.55
Morris Crossing Townhouses1 Bedroom with Back Patio/Yard1BR,1BA$3.01
Heritage House1 BED 1 BATH 171BR,1BA$3.12
Franklin Manor Apartments1BR/1BA1BR,1BA$3.46

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown Morristown, Morristown, NJ

Ranked #1

Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Morristown Apartments

How much is rent for a Cheap One Bedroom Downtown Morristown Apartment?

The lowest price for a Cheap One Bedroom Downtown Morristown Apartment is $2,275 at Olde Forge East Townhouses.

What is the lowest price for a Cheap Two Bedroom Downtown Morristown Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Morristown is starting from $2,750 at Franklin Manor Apartments.

What is the most affordable Downtown Morristown Three Bedroom Apartment?

The best deal on a cheap Downtown Morristown Three Bedroom Apartment rental is at Olde Forge East Townhouses and starts from $3,650.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.